Will Bitcoin go below 6K? - page 16.

nelsledma

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Quote from: Lostan on June 24, 2018, 05:11:27 AM

Quote from: jamesashmore1964 on June 17, 2018, 06:34:20 AM

There are 2 types of whales!
Those that ride the market and sell a few a coins occasionally and whales that are working with others to manipulate this market. Those that manipulate are smart and work with entities that provide no paper trail. They can make money in a bear or a bull market!
My opinion is the market will go down based on my research!
My opinion might change if a white knight whale comes into play and pushes the market over 7777USD!
There is one (maybe cartel) trying but all attempts are being squashed by the bear camp! The bears could be overpowered...wait and see.
If you are a retail investor you are a sitting duck if you have chosen the wrong direction.
Your loss is their gain!

My key point for growth is $8500, once the price touches this level, people will gain trust in crypto again and pull the price up

Even the little rise in the price is enough to activate the people to re enter the crypto market. The prices had fallen below the $6000 few days ago and there was a rise again few hours ago which has actually started gaining attention. This type of situation was also observed before the 2017 boom when the prices were too low and the market stayed quite red for long.

arthotdog

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It does and not just once but twice happened this later of june,when many so called 'experts'. Says the recovery month of cryptocurrency,

If you are planning to buy you should have done that yesterday because today bitcoin showing a strength on getting higher as it is almost reached $6,500

jamesashmore1964

jr. member

Activity: 336

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Quote from: hasna17 on June 30, 2018, 05:37:21 AM

All could happen.
I just hope the bitcoin can be stable at $ 6k and stable at that price.
and I can trade again,without having to recall past losses.

The Bitcoin pumps and dumps are destroying this market cap from growing!

hasna17

full member

Activity: 378

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All could happen.
I just hope the bitcoin can be stable at $ 6k and stable at that price.
and I can trade again,without having to recall past losses.

jamesashmore1964

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Activity: 336

Merit: 3

Even with the pump today many people are still saying 5300 USD

jigzaheedcoin

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☀️ Iskra Coin ☀️

Quote from: Question123 on June 29, 2018, 09:32:55 AM

At this moment the price of the bitcoin down below 6000 dollars but it's not mean it will continuw to down. Because the barrier price for the bitcoin is 5k dollars and I believe it will increase more the price again. Next month hope so the price will increase and new month foe the bitcoin.

I badly hope so because next month will be my big day. Hoping for a good profit for my birthday gift on that day. I just wish that everything goes well for the coming months so that I can have my business granted as well. Having below 6K is definitely a depressive image of bitcoin. So not just next month but I hope for the remaining months till the very endless part of bitcoin it will grow.

Alex077

legendary

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I think that bitcoin definitely will drop below 6000 and reach 5100-5200, and already the bitcoin's rise and the entire market of cryptocurrencies will begin from these levels. There are some reasons that point that way and, first of all, a strong decrease in trading volumes, which leads to a drop in prices.

crestella

jr. member

Activity: 252

Merit: 1

Yes for one day this bitcoin down from the highest price of $ 6,122 down to $ 5,843 decreased by -4.22% in one day. And if you want to buy bitcoin buy at $ 5,500 and sell for $ 6,400.

Question123

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At this moment the price of the bitcoin down below 6000 dollars but it's not mean it will continuw to down. Because the barrier price for the bitcoin is 5k dollars and I believe it will increase more the price again. Next month hope so the price will increase and new month foe the bitcoin.

jamesashmore1964

jr. member

Activity: 336

Merit: 3

Quote from: cheezcarls on June 29, 2018, 07:31:47 AM

Quote from: jamesashmore1964 on June 17, 2018, 06:34:20 AM

There are 2 types of whales!
Those that ride the market and sell a few a coins occasionally and whales that are working with others to manipulate this market. Those that manipulate are smart and work with entities that provide no paper trail. They can make money in a bear or a bull market!
My opinion is the market will go down based on my research!
My opinion might change if a white knight whale comes into play and pushes the market over 7777USD!
There is one (maybe cartel) trying but all attempts are being squashed by the bear camp! The bears could be overpowered...wait and see.
If you are a retail investor you are a sitting duck if you have chosen the wrong direction.
Your loss is their gain!

As of now, we are on a bearish trend and below $6k too. I believe that the next support level would be around $5,300. In the news that I have just read, one bullish trader claims that the market may go down again in the next couple of weeks. However, I would not count on that yet as there is a strong support level in the $5,800 zone. It's too unpredictable right now to guess if we go up or down, but this could be interesting. Cheers!

Without MAJOR positive news about crypto the probability is Lower BUT the low RSI could trigger a move up!
No one on planet earth knows the nature of this beast!

Barrueco

jr. member

Activity: 154

Merit: 1

We have to ask this question again unfortunately " Will bitcoin go below 4k?" this is the right question which describes our situation at the moment.
For the answer "we need a crystal ball"

cryptothreads

hero member

Activity: 1274

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Quote from: Sir Legend on June 29, 2018, 09:10:44 AM

Now the price is below $ 6000, this is certainly sad because users continue to panic and sell bitcoin cheaply and lose money, but I'm sure that the market soon improved and the end of the year could pass past last year's highs.

I just hope the price can go back to $ 20,000 because this is a price that many people wait. I believe this is possible because Bitcoin and all other altcoins have fallen sharply due to the sell-off psychology of investors and they fear a bad end to this market. The best advice is not to trust anyone and just believe in yourself

Sir Legend

sr. member

Activity: 1792

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Now the price is below $ 6000, this is certainly sad because users continue to panic and sell bitcoin cheaply and lose money, but I'm sure that the market soon improved and the end of the year could pass past last year's highs.

Abeleez

newbie

Activity: 252

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Quote from: jamesashmore1964 on June 17, 2018, 06:34:20 AM

There are 2 types of whales!
Those that ride the market and sell a few a coins occasionally and whales that are working with others to manipulate this market. Those that manipulate are smart and work with entities that provide no paper trail. They can make money in a bear or a bull market!
My opinion is the market will go down based on my research!
My opinion might change if a white knight whale comes into play and pushes the market over 7777USD!
There is one (maybe cartel) trying but all attempts are being squashed by the bear camp! The bears could be overpowered...wait and see.
If you are a retail investor you are a sitting duck if you have chosen the wrong direction.
Your loss is their gain!

It is no longer news that bitcoin went below 6k sometime last week. In fact there are predictions that it may go down further to 2k although I don't see that happening. On a general note the bear market has remained for a long time now, but the coin and altcoins will definitely recover ground and rebound back. The naysayers had better be part of the bandwagon.

LDenis555

full member

Activity: 317

Merit: 100

By this point, he has already dropped below 6,000 and as many believe this is not the limit. Bitcoin continues to fall, but still most investors believe that this is not for long

diskodasa

sr. member

Activity: 337

Merit: 250

5900$ now. Grin

I just hope bitcoin can be back around 5000$ and stable on that price so I can trade without fear

cheezcarls

hero member

Activity: 2254

Merit: 658

Looking for gigs

Quote from: jamesashmore1964 on June 17, 2018, 06:34:20 AM

There are 2 types of whales!
Those that ride the market and sell a few a coins occasionally and whales that are working with others to manipulate this market. Those that manipulate are smart and work with entities that provide no paper trail. They can make money in a bear or a bull market!
My opinion is the market will go down based on my research!
My opinion might change if a white knight whale comes into play and pushes the market over 7777USD!
There is one (maybe cartel) trying but all attempts are being squashed by the bear camp! The bears could be overpowered...wait and see.
If you are a retail investor you are a sitting duck if you have chosen the wrong direction.
Your loss is their gain!

As of now, we are on a bearish trend and below $6k too. I believe that the next support level would be around $5,300. In the news that I have just read, one bullish trader claims that the market may go down again in the next couple of weeks. However, I would not count on that yet as there is a strong support level in the $5,800 zone. It's too unpredictable right now to guess if we go up or down, but this could be interesting. Cheers!

jamesashmore1964

jr. member

Activity: 336

Merit: 3

Quote from: duoleduo on June 29, 2018, 03:36:11 AM

The lowest price is now 5800 US dollars, I think bitcoin will continue to decline, the minimum is 5200 This is my opinion.

You might be right: Your statement has its merits!

CryptoGuro1

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“The Protocol for the Audience Economy”

I guess your question has been answered yesterday hasnt it? Was always going to happen, Needs to go down to 5k before we find some real support

Q2kc

member

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$100k per 1 BTC in Year 2020

Quote from: jamesashmore1964 on June 17, 2018, 06:34:20 AM

There are 2 types of whales!
Those that ride the market and sell a few a coins occasionally and whales that are working with others to manipulate this market. Those that manipulate are smart and work with entities that provide no paper trail. They can make money in a bear or a bull market!

I agree with you, some group of whales is manipulating the market my guess is also the miners are doing these market manipulation if the bitcoin is down they can profit more same as the whales, my prediction this year is that BTC will go down to $4000 and after that maybe we can see a bullrun after

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